Romania to receive €20bn of IMF-led aid

Romania became the latest eastern European country to seek external financial support on the 25 March 2009, with the announcement of a €20bn International Monetary Fund-led financing package to help steer the country through the economic crisis.

European Commission: Press Release, IP/09/475: Joint statement by the Presidency of the Ecofin Council and the Commission on providing EU medium-term financial assistance to Romania http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/475&format=PDF&aged=0&language=EN&guiLanguage=en

ESO: Background information: Romania closes in on IMF loan http://www.europeansources.info/record/romania-closes-in-on-imf-loan/

IMF: Romania and the IMF http://www.imf.org/external/country/ROU/index.htm

EurActiv, 26.3.09: Romania gets largest EU bailout to date http://www.euractiv.com/euro-finance/romania-gets-largest-eu-bailout-news-221549

EBRD: Press Release, 25.3.09: EBRD supports international stabilisation efforts in Romania http://www.ebrd.com/pages/news/press/2009/090325.shtml

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